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Altair Engineering Inc
NASDAQ:ALTR

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Altair Engineering Inc Logo
Altair Engineering Inc
NASDAQ:ALTR
Watchlist
Price: 83.78 USD 1.9% Market Closed
Updated: Apr 24, 2024

Wall Street
Price Targets

ALTR Price Targets Summary
Altair Engineering Inc

Wall Street analysts forecast ALTR stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALTR is 95.88 USD with a low forecast of 85.85 USD and a high forecast of 105 USD.

Lowest
Price Target
85.85 USD
2% Upside
Average
Price Target
95.88 USD
14% Upside
Highest
Price Target
105 USD
25% Upside

ALTR Last Price Targets
Altair Engineering Inc

The latest public price target was made on Mar 21, 2024 by Ken Wong from Oppenheimer , who expects ALTR stock to rise by 19% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Ken Wong
Oppenheimer
100 USD
Upside 19%
1 month ago
Mar 21, 2024
Oppenheimer Positive on Altair Engineering (ALTR) Post Investor Day
StreetInsider
Ken Wong
Oppenheimer
Price Target 100 USD
Upside/Downside 19%
View Source
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Revenue
Forecast

Revenue Estimate
Altair Engineering Inc

For the last 7 years the compound annual growth rate for Altair Engineering Inc's revenue is 10%. The projected CAGR for the next 3 years is 10%.

10%
Past Growth
10%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Altair Engineering Inc

For the last 7 years the compound annual growth rate for Altair Engineering Inc's operating income is -45%. The projected CAGR for the next 3 years is 846%.

-45%
Past Growth
846%
Estimated Growth
Estimates Accuracy
-75%
Average Miss

Net Income
Forecast

Net Income Estimate
Altair Engineering Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ALTR's stock price target?
Price Target
95.88 USD

According to Wall Street analysts, the average 1-year price target for ALTR is 95.88 USD with a low forecast of 85.85 USD and a high forecast of 105 USD.

What is Altair Engineering Inc's Revenue forecast?
Projected CAGR
10%

For the last 7 years the compound annual growth rate for Altair Engineering Inc's revenue is 10%. The projected CAGR for the next 3 years is 10%.

What is Altair Engineering Inc's Operating Income forecast?
Projected CAGR
846%

For the last 7 years the compound annual growth rate for Altair Engineering Inc's operating income is -45%. The projected CAGR for the next 3 years is 846%.